But the strength and endurance of Trump’s legacy will depend on whether his policies advance long-term prosperity. As the saying goes, nothing succeeds like success. His first big opportunity will come immediately. With key provisions of Trump’s 2017 Tax Cuts and Jobs Act (TCJA) — including lower individual tax rates and expansion of the child tax credit — set to expire at the end of 2025, Congress and the new administration will spend a considerable portion of the next year passing a new tax package.
Donald Trump’s stunning and decisive return to power makes it official: We live in the Age of Trump. The 2008 global financial crisis was a turning point in history, and it is now clear that Trump is the dominant political figure of the post-crisis period.
Trump began his rise to power in 2015 and has towered over the current decade. Vice President-elect J D Vance will work to extend his legacy into the 2030s. Like Andrew Jackson in the 19th century and Franklin D Roosevelt in the 20th, Trump has created and defined an era in American political history.
